One of the steel stocks engaged in providing turnkey pre-engineered steel construction solutions in India. The stock has jumped 4.25 percent after reporting a capacity expansion of 20,000 metric tons in the Andhra Pradesh Unit.
Stock movement:
With a market capitalization of Rs. 2,427.59 crores, the shares of Interarch Building Products Limited have reached an intraday high of Rs. 1,495 per equity share, rising nearly around 4.25 percent from its previous day’s close price of Rs. 1,434. The stock is currently trading at Rs 1,458.80 per equity share.
What Happened
Interarch Building Product Limited is expanding its production capabilities with the construction of Phase 2 at its South India facility in Andhra Pradesh, which follows the successful ramp-up of Phase 1 in September 2024.
Phase 2 is expected to be operational by April 2025 and will mirror the capacity of Phase 1, further enhancing the company’s regional output. Additionally, Interarch is upgrading its Kichha plant in Uttarakhand, which will add 20,000 metric tons of capacity.
The company’s expansion will be completed by April 2025 and will increase the company’s total installed capacity to over 200,000 metric tons per annum.
Manufacturing Capacity:
Interarch Building Products Limited has a total installed manufacturing capacity of 1,61,000 MTPA across its facilities in Uttarakhand, Tamil Nadu, and Andhra Pradesh.
The company’s largest facility is located in Kochla, Uttarakhand, with an installed capacity of 59,500 MTPA. This vertically integrated manufacturing and design capability allows Interarch to serve the pre-engineered steel building industry in India.
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Products and Services:
Interarch offers a comprehensive range of services and products in the construction sector, including pre-engineered steel buildings (PEB) for industrial, commercial, and infrastructure projects.
The company also provides advanced metal roofing systems like Tracdek®, high-end metal interior solutions, and specializes in large-scale infrastructure projects through its subsidiary, Interarch Infrastructure.
Recent quarter results and ratios:
Interarch Building Product Limited’s revenue has increased from Rs. 298 crore in Q2 FY24 to Rs. 323 crore in Q2 FY25, which has grown by 8.39 percent. The net profit of Interarch Building Product Limited has also grown by 40 percent, from Rs. 15 crore in Q2 FY24 to Rs. 21 crore in Q2 FY25.
Interarch Building Product Limited’s revenue and net profit have grown at a CAGR of 13.12 percent and 65.15 percent, respectively, over the last five years.
In terms of return ratios, the company’s ROCE and ROE should be 28.5 percent and 20.4 percent, respectively. The debt-to-equity ratio of the company is to be 0.03x, which shows the company is almost debt-free. Interarch Building Product Limited’s EPS is to be Rs. 59.3.
Company Overview:
Interarch Building Products Limited was established in 1983 and is a leading player in the pre-engineered steel building industry in India. With the second-largest aggregate installed capacity among integrated PEB players, a 6.5% market share, and a 30+ year presence in the industry, Interarch has established a strong brand and capabilities in design, engineering, and project management.
Written By – Nikhil Naik
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